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POSTED ON November 14, 2018  - POSTED IN Key Gold Headlines

The silver-gold ratio hit the highest level in over a quarter century this week.

The ratio hit to 86:1 as dollar strength pulled both the price of silver and gold lower this week after the Federal Reserve indicated it plans to keep pushing interest rates higher. The price of silver fell even more steeply than the gold price. A research note by Commerzbank said it was that largest gap between the two metals in 25 years. Practically speaking, this means silver is undervalued compared to gold.

POSTED ON October 12, 2018  - POSTED IN Videos

Could we be heading toward $5,000 gold?

Last week, there was a big sell-off in the bond market. Yields on the 10-year Treasury soared 11 basis points in one day. Global stock markets sold off the following morning and US stock markets followed suit. This week, things really got really ugly on Wall Street. The Dow dropped over 1,300 points in two days. In a video for SchiffGold, Peter Schiff said stock market investors “finally took notice of the carnage that was going on in the bond market.”

On Thursday, the price of gold popped, rising nearly 3%. But despite all of the action this week, most people in the mainstream remain complacent. The narrative is that this is a normal bull market correction. Peter said nothing could be further from the truth.

The economy is even a bigger bubble than the stock market.”

POSTED ON October 12, 2018  - POSTED IN Fun on Friday

Will work for gold!

Who wouldn’t right? I don’t know about you, but I would work even harder for some gold than I would for dollars, knowing the Federal Reserve isn’t going to inflate the value of my gold away by 2% or more every year.

Well, apparently people aren’t the only organisms that know the value of gold. Scientists have discovered a bacterium that will work for us and actually help us create energy. But you have to pay it in gold.

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